Banksy

£70,000-£110,000Value
Indicator

$140,000-$210,000 Value Indicator

$120,000-$190,000 Value Indicator

¥640,000-¥1,000,000 Value Indicator

€80,000-€130,000 Value Indicator

$690,000-$1,080,000 Value Indicator

¥13,350,000-¥20,980,000 Value Indicator

$90,000-$140,000 Value Indicator

-10% AAGR

AAGR (5 years) This estimate blends recent public auction records with our own private sale data and network demand.

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Track auction value trend

The value of Banksy's Gangsta Rat (AP green) (signed) is estimated to be worth between £70,000 and £110,000. This screenprint, created in 2004, has shown consistent value growth, with an average annual growth rate of 8%. This work has a steady auction history, having been sold once at auction on 17th August 2022. The edition size of this artwork is limited to 20.

Auction Date

Auction House

Artwork

Hammer Price

Return to Seller

Buyer Paid

August 2022

Sotheby's Online - United Kingdom

Gangsta Rat (AP green) - Signed Print

Meaning & Analysis

Gangsta Rat (AP green) is a rare signed Banksy screen-print, and one of 61 artist proofs in this colourway released in 2004. Banksy combines signature spray-paint and stencilling styles to depict a rat wearing baseball cap, chain, and ghetto blaster, New York underground style, with “IPOW” tagged on the wall behind the rat in green.

Gangsta Rat (AP green) is largely monochrome print in Banksy’s iconic spray-stencil style, portraying a rat sitting next to a boombox. The character is wearing accessories typical of “gangster” street wear, such as a New York Mets baseball cap, an ear piercing and a long chain with a medal. There is a green tag behind the rat saying “IPOWS” as the central splash of colour on the image. This is Banksy’s ironic nod to the ubiquity of Apple products and POW is a reference to the artist’s print publisher: Pictures on Walls. The rat character portrayed is reminiscent of the New York underground style that was prevalent across the UK in the 1980s and 90s, and also draws inspiration from the French graffiti artist Blek Le Rat, who originally started using rats as a symbol and is often called the Grandfather of stencil graffiti.

Banksy also reproduced Gangsta Rat as a mural in Farringdon in 2004, in Old Street in 2006 and New York City in 2013 on the occasion of the artist’s painting residency: Better Out Than In. Much like other artworks from the Rat series, such as Love Rat and Radar Rat, Gangsta Rat is a very popular print both in its unsigned and signed editions.